The housing market in 28746 Lake Lure, NC is very robust. The median value of all homes in the area is $417,300, which is significantly higher than the US median value of $338,100. This indicates that the area has a high demand for real estate. Furthermore, the appreciation rate for homes in Lake Lure over the past year was an impressive 18.83%, which far surpasses the national average of 8.27%. It's clear that living in this part of North Carolina comes with a strong return on investment.
The median home cost in Lake Lure (zip 28746) is $417,300. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Lake Lure (zip 28746) is up 22.1%.
Average Age of Homes
- The median age of Lake Lure (zip 28746) real estate is 27 years old
The Rental Market in Lake Lure (zip 28746)
- Renters make up 8.1% of the Lake Lure (zip 28746) population
- 11.5% of houses and apartments in Lake Lure (zip 28746), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.